Saturday, December 29, 2007

FXDREAM EUR/USDDate: Thu, 27 December 2007 13:10:05Resistance levels: 1.4550/1.4600/1.4640Support levels: 1.4520/1.4470/1.4410Merry Christmas!!!!EUR/USD has bounced further towards 1.4600 over the last trading session on thin volumes as US Durable Goods Orders numbers came out much below expectations Further upmove towards 1.4640 is likely to be seen over today and tomorrow First immediate Resistance comes at 1.4600. On downside below 1.4470 turns price back towards 1.4410 in mid term First Support comes in the 1.4520-15 area Strategy-neutral.

FXDREAM GBP/USDDate: Thu, 27 December 2007 13:10:04Resistance levels: 1.9950/2.0000/2.0070Support levels: 1.9850/1.9750/1.9700GBP/USD has broken beyond 1.99 first Resistance earlier today on thin volumes The break above 1..99 first strong Resistance may reverse price towards 2.0070 over today and tomorrow and 2.0280 in longer term First Resistance comes around 1.9950 On the other side, a break below 1.9850-45 area is needed for resuming the dontrend towads 1.9750 bottom Strategy-neutral.

FXDREAM USD/JPYDate: Thu, 27 December 2007 13:10:03Resistance levels: 114.80/115.30/115.70Support levels: 114.00/113.20/112.80USD/JPY has bounced to 114.70 high earlier today before US data Release No change in our view. The uptrend remains intact for test towards 114.80 and 115.70 in longer term. On the other side, first Support comes at 114.00 Below eases price back towards 113.20 later today. The key one remains at 112.80.Strategy-neutral.

FXDREAM USD/CHFDate: Thu, 27 December 2007 13:10:02Resistance levels: 1.1500/1.1580/1.1640Support levels: 1.1400/1.1370/1.1300USD/CHF has dropped below 1.1500-1490 previous Support area earlier today after disappointing US data The break below 1.1500 reverses the bias for pullback towards 1.1370 stronger one in mid and longer term. First target is at 1.1400 On the upside, a break above 1.1490-1.1500 region again is needed for reversal towards 1.1580 and higher.Strategy-neutral.

FXDREAM EUR/JPYDate: Thu, 27 December 2007 13:10:02Resistance levels: 166.50/167.30/167.60Support levels: 165.40/165.00/164.10The Cross has hold above 165.40 first important Support over the last trading session bouncing towards 166.50 next target In mid and longer term further upmove towards 167.30 and 167.60 is not ruled out.First Resistance comes around 166.50 On downside, below 165.40 first crucial Support resumes the downtrend towards 164.00 Support Strategy-neutral